Ben Pirie, an analyst from Atrium Research, maintained the Buy rating on Endurance Gold. The associated price target remains the same with C$0.50.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ben Pirie has given his Buy rating due to a combination of factors, primarily driven by the promising assay results from Endurance Gold’s recent drilling program at the Crown Zone. The highlight from the drill holes, particularly DDH25-116, showed a significant gold grade of 8.01 g/t over 10.5 meters, indicating robust mineralization. This result, along with the discovery of a new mineralized footwall zone, suggests a strong potential for resource expansion.
Furthermore, the ongoing 2025 drilling program has demonstrated consistent findings, with 10 out of 15 Crown Gap holes showing notable gold and antimony mineralization. The presence of high-grade quartz-carbonate veins, some containing visible gold, further supports the positive outlook. With assays still pending for several holes and continued exploration efforts, the prospects for Endurance Gold’s project appear promising, justifying the Buy rating and a target price of $0.50 per share.